§ 1034 - Controlling person - Vermont Statutes

§ 1034. Controlling person

(a) Each controlling person of an applicant or licensee shall:

(1) be at least 18 years of age; and

(2) have a personal history of honesty, trustworthiness and fairness and a reputation for fair dealings and respect for the rights of others and for the law.

(b) For the purposes of this chapter, "controlling person" means an individual who has the authority to direct the management or policies of an employee leasing company or who is employed, appointed or authorized by an employee leasing company to enter into contractual relationships with client companies on the employee leasing company's behalf. (Added 1995, No. 173 (Adj. Sess.), § 1.)